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218 Martin Ave

Oregon, IL 61061

2 bd 2 ba 1,590 sqft Built 2020 Lot 18,000 sqft condos
Most recent sale
$225,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $221,000 Public Record
Jul 15, 2022 Sold $225,000 MLS #11364217
May 20, 2022 Relisted $225,000 MLS #11364217
May 9, 2022 Listing removed $225,000 MRED
Apr 2, 2022 Listed $225,000 MLS #11364217
Dec 23, 2020 Sold $185,000 MLS #10720341
May 20, 2020 Listed $189,000 MLS #10720341

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $78,834 $3,951 $82,785 $7,270
2022 $64,794 $3,945 $68,739 $6,028
2021 $55,459 $3,681 $59,140 $5,109
2020 $1,502 $1,502 $161

Property facts

Year built
2020
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,590 sqft
Lot size
18,000 sqft
ZIP code
61061
City
Oregon
Street
Martin Ave
Coordinates
42.01148, -89.31523

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 218 Martin Ave last sell?
218 Martin Ave most recently sold on Jul 15, 2022 for $225,000.
What is the current tax assessment for 218 Martin Ave?
The most recent total assessment for 218 Martin Ave (year 2024) is $82,785 with $7,270 in property tax.
How does 218 Martin Ave's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $225,000.
When was 218 Martin Ave built?
218 Martin Ave was built in 2020.
How does 218 Martin Ave compare to others on Martin Ave?
We track 8 other properties on Martin Ave. Browse the list under "Other properties on Martin Ave" to compare beds, baths, and sale history.
What are the property facts for 218 Martin Ave?
218 Martin Ave is a 2 bed, 2 bath, 1,590 sqft, 18,000 sqft lot condos.
Is 218 Martin Ave a flip candidate?
Yes — 218 Martin Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 218 Martin Ave a tax-appeal candidate?
No — 218 Martin Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$171K
2026 Q4
$165.1K
ZIP 61061 — Median Price History + Forecast

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